This immaculately maintained and tastefully upgraded 3 bedroom 2
bath condo in Chaparral Country Club offers everything you'll need
to live the desert lifestyle you've been dreaming of. Boasting a
spacious living room with soaring ceilings, cozy fireplace,
separate dining area, wonderfully re-imagined kitchen with
breakfast area. Both the living room and kitchen open to the large
patio which offers both covered and uncovered outdoor living space
and overlooks the picturesque lake with fountains along 12th
fairway of the Ted Robinson golf course as well as gorgeous
mountain views. The primary bedroom is a spacious retreat with a
newly renovated en-suite bath with stylish tile, separate walk-in
shower, separate soaking tub and dual sinks. With two nicely sized
guest rooms, an additional full bath with upgraded shower tile and
countertop, there is room for plenty of friends and family to
visit. Located on a quiet cul-de-sac, close proximity to the pool
and spa. Other highlights include: 2 car garage with epoxy
flooring, wet bar with wine fridge, newer granite countertops and
kitchen appliances and loads of storage. Chaparral offers guard
gated security, a clubhouse, golf, fitness center, tennis, multiple
pools, spas and pickleball. Just a short drive to loads of dining
and shopping.
Unit Size
1,759 Ft²
Days on Market
62 days
Land Size
0.08 acres
Price per sqft
$254
Property Type
Condo
Property Taxes
-
HOA Dues
$850
Year Built
1983
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier)
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Interior Features: Wet Bar, Breakfast Area, Separate Formal Dining Room
Appliances: Dishwasher, Electric Cooktop, Electric Oven, Disposal, Gas Water Heater, Microwave, Refrigerator, Water To Refrigerator
Flooring Type: Concrete, Tile
Living Area Square Feet Source: Assessor
Doors: Sliding Doors
Has Fireplace
Gas, Living Room
Exterior Details
Property Condition: Updated Remodeled
Year Built: 1983
Parcel Number: 622212023
Home Type: Residential
Foundation Details: Slab
Roof: Tile
Window Features: Blinds, Shutters
Construction Materials: Stucco
Spa Features: Community, Heated, In Ground
Private Pool
Pool Features: Community, Electric Heat, In Ground
Lot Information: Cul De Sac, Landscaped, On Golf Course, Planned Unit Development, Paved, Sprinklers Timer, Sprinkler System
Lot Size Source: Assessor
Lot Size Acres: 0.08
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Fireplaces, Natural Gas
Utilities: Cable Available
Location Details
Association Fee Includes: EarthquakeInsurance, Sewer
Association Amenities: Bocce Court, Clubhouse, Fitness Center, Golf Course, Maintenance Grounds, Game Room, Lake Or Pond, Meeting Banquet Party Room, Pet Restrictions, Tennis Courts, Trash, Cable Tv
Association Fee: $550
Association Fee Frequency: Monthly
Association Fee2: $300
Association Fee2 Frequency: Monthly
Community Features: Golf, Gated, Pool
Security Features: Gated Community
Subdivision: Chaparral C.C.
Subdivision Name: Chaparral C.C.
Directions: From Hwy 111, North on Portola, Left into Chaparral CC. Right on Conejo. Right on Maximo Cross Street: Conejo.
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